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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ADM
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Archer-Daniels-Midland stock price ended at $59.17 on Friday, after losing 0.303%.
(Updated on May 03, 2024)

Sell candidate since Apr 25, 2024 Loss -3.00% PDF

The Archer-Daniels-Midland stock price fell by -0.303% on the last day (Friday, 3rd May 2024) from $59.35 to $59.17. During the last trading day the stock fluctuated 1.39% from a day low at $58.86 to a day high of $59.68. The price has fallen in 8 of the last 10 days and is down by -5.48% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -20 thousand shares and in total, 3 million shares were bought and sold for approximately $185.96 million.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $58.73 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 19.77% during the next 3 months and, with a 90% probability hold a price between $70.34 and $80.38 at the end of this 3-month period.

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ADM Signals & Forecast

There are few to no technical positive signals at the moment. The Archer-Daniels-Midland stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $59.62 and $61.55. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 09, 2024, and so far it has fallen -7.40%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Archer-Daniels-Midland stock

Archer-Daniels-Midland finds support from accumulated volume at $58.27 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.82 between high and low, or 1.39%. For the last week, the stock has had daily average volatility of 2.60%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ADM) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Archer-Daniels-Midland Company to open at $59.24, and during the day (based on 14 day Average True Range), to move between $57.87 and $60.47, which gives a possible trading interval of +/-$1.30 (+/-2.20%) up or down from last closing price. If Archer-Daniels-Midland Company takes out the full calculated possible swing range there will be an estimated 4.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $59.31 (0.24%) than the support at $58.27 (1.52%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Archer-Daniels-Midland Company stock A Buy?

The Archer-Daniels-Midland stock holds several negative signals and despite the positive trend, we believe Archer-Daniels-Midland will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.809 Sell Candidate Unchanged

Predicted Opening Price for Archer-Daniels-Midland Company of Monday, May 6, 2024

Fair opening price May 6, 2024 Current price
$59.24 ( 0.113%) $59.17

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ADM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 60.06 1.50 %
R2 59.74 0.97 %
R1 59.55 0.642 %
Current price: 59.17
Support S1 58.92 -0.417 %
S2 58.73 -0.744 %
S3 58.42 -1.27 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 62.47 5.58 %
R2 61.03 3.14 %
R1 59.31 0.237 %
Current price 59.17
Support S1 58.27 -1.52%
S2 57.07 -3.55%
S3 54.25 -8.32%

ADM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Feb 08, 2024 Feb 29, 2024 $0.500 0.94%
2 Jan 25, 2024 Feb 07, 2024 Feb 29, 2024 $0.500 0.94%
3 Nov 01, 2023 Nov 14, 2023 Dec 06, 2023 $0.450 0.615%
4 Aug 02, 2023 Aug 15, 2023 Sep 06, 2023 $0.450 0.581%
5 May 04, 2023 May 16, 2023 Jun 07, 2023 $0.450 0.613%

FAQ

What is the symbol for Archer-Daniels-Midland Stock and on which exchange is it traded?
The symbol for Archer-Daniels-Midland is ADM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Archer-Daniels-Midland Stock?
The Archer-Daniels-Midland stock holds several negative signals and despite the positive trend, we believe Archer-Daniels-Midland will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Archer-Daniels-Midland Stock?
Archer-Daniels-Midland Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Archer-Daniels-Midland Stock.

What's the current price of Archer-Daniels-Midland Stock?
As of the end of day on the May 03, 2024, the price of an Archer-Daniels-Midland (ADM) share was $59.17.

What is the 52-week high and low for Archer-Daniels-Midland Stock?
The 52-week high for Archer-Daniels-Midland Stock is $87.30 and the 52-week low is $50.72.

What is the market capitalization of Archer-Daniels-Midland Stock?
As of the May 03, 2024, the market capitalization of Archer-Daniels-Midland is 29.689B.

When is the next earnings date for Archer-Daniels-Midland?
The upcoming earnings date for Archer-Daniels-Midland is Jul 23, 2024.
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About Archer-Daniels-Midland Company

Archer-Daniels-Midland Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States, Switzerland, Cayman Islands, Brazil, Mexico, the United Kingdom, and internationally. The company operates through three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. It procures, stores, cleans, and transports agricultural raw materials, such as oilseeds, c... ADM Profile

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